Financing: $200,000.00 Down and 150,000 at 5% for 5 years
Reason for Selling:Owner is involved in another business and wants to focus on that venture
This ten-year-old Web development agency based in New York City has a well-diversified customer base including small, mid-size, and large companies. Customers are located primarily in the greater NYC area, as well as throughout the United States and Canada. The customer base includes companies in many diverse industries, including advertising/marketing, technology, finance, beauty, real estate, entertainment, fashion, and service. The company offers Internet, Social Media, and Web software development services, including Websites, Web applications, Facebook applications, Business Dashboards and Mobile Sites, and provides ongoing Maintenance Agreements. The company enjoys an excellent reputation, with 90% of its business coming from word of mouth referrals. 60% of revenue is derived from established working relationships with advertising, marketing, and social media agencies that partner with the company to execute on their more technical client engagements. These relationships have shown continued growth opportunities. The company is very metrics oriented and has proprietary business systems and trade secrets that provide for a distinct competitive edge and first-class service to its many customers. Strong processes and systems keep employees accountable for profits and quality.
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